The "Typo" Heard Round The Eurozone

All day SocGen's been in the news, as it's stock has been cratering. And then not helping matters was a sharp observation by FT Alphaville's Izabella Kaminska whereupon it looked on a quote screen like SocGen was selling gold at well below market prices.

Some kind of panic liquidation?

Welll, it turns out to have been a typo on the Reuters system, or some kind of other error.

But for a moment, it got everyone aflutter. Such are the nerves right now.